Ford aid from Spain probed by EU antitrust regulators

May 15, 2013 12:19 CET
European Union antitrust regulators will investigate whether a 25.2 million euro ($32.71 million) grant given by Spanish authorities to Ford's factory in Valencia breached EU state aid rules.... Read More »

 

Sales rebate helps to boost Spanish new-car sales

May 3, 2013 12:28 CET
Spanish car sales rose 11 percent in April, boosted by a calendar effect and a sales rebate program.... Read More »

 

GUIDO REINKING

Will VW give new Seat boss time to succeed?

12:01 am U.S. ET | April 26, 2013
Juergen Stackmann, new boss of VW's Seat brand, must discover what the ailing brand really stands for.... Read More »

 

Nissan will move Primastar van output to France from Spain, report says

April 10, 2013 18:31 CET
Nissan plans to move production of the Primastar van from Spain to Renault's Sandouville plant in France, sources said, helping its French alliance partner keep a pledge to raise domestic output in return for union concessions.... Read More »

 

GM workers in Spain accept wage freeze to boost competitiveness

April 9, 2013 18:34 CET
General Motors workers at the company's Opel plant in Spain accepted a two-year salary freeze as part of a labor deal aimed at boosting competitiveness against other European factories.... Read More »

 

BRUCE GAIN

Automakers rethink cockpits to help save lives

12:01 am U.S. ET | April 5, 2013
Automakers are rethinking the way they design car cockpits to reduce cognitive overload as more sophisticated infotainment systems risk increasing driver distraction, a problem that has been linked to an increasing number of fatal accidents.... Read More »

 

SALES

Weak March dashes recovery hopes for European carmakers

April 3, 2013 08:37 CET
European car sales shrank again in March, threatening more losses for carmakers in the region after a dismal 2012, according to figures and forecasts. With euro-zone unemployment at a record high, forecaster LMC Automotive sees this year's sales dropping 3.1 percent in western Europe to 11.4 million vehicles.... Read More »

 

Spain's car sales fell 14% in March

April 1, 2013 12:38 CET
Spanish car sales fell nearly 14 percent in March. Industry association Anfac said a government subsidy scheme aimed at boosting sales was working despite the slump.... Read More »

 

Spain car sales fell 10% in February

March 1, 2013 12:01 CET
Spanish car sales fell 10 percent year-on-year in February, mirroring January's decline, car manufacturers' association Anfac said on Friday.... Read More »

 

Ford to shift 2-liter EcoBoost engine output to Ohio plant from Spain

3:01 pm U.S. ET | Feb. 21, 2013
Ford will begin domestic production of its 2.0-liter, four-cylinder EcoBoost engine at its Cleveland Engine Plant in Brook Park, Ohio, in late 2014, the automaker said today. Ford will invest nearly $200 million and add 450 jobs at the plant, which will produce all 2.0-liter EcoBoost engines for North America. Ford had previously imported the 2.0-liter EcoBoost from its factory in Valencia, Spain, which will continue to produce the engine for Europe.... Read More »

 

Ford plans 2-liter engine output in Ohio, report says

11:19 am U.S. ET | Feb. 20, 2013
Ford Motor Co. plans to begin making in Ohio a small four-cylinder engine that it builds in Spain, according to a person familiar with the matter.... Read More »

 

Europe's January car sales offer little hope of recovery

Feb. 14, 2013 06:01 CET
LMC Automotive says it sees little hope of auto sales recovering in Europe this year after registrations in January plunged 9.5 percent. LMC predicted western Europe's full-year sales will drop 4.1 percent this year to 11.27 million, the sixth continual year of decline.... Read More »

 

Euro zone car markets likely to stabilize by mid-year, VDA says

Feb. 5, 2013 06:01 CET
The German automakers association, the VDA, expects euro zone car markets to stabilize in the middle of the year.... Read More »

 

Nissan will build VW Golf rival in Spain

Feb. 4, 2013 20:47 CET
Nissan will build a compact car to rival the VW Golf at its plant in Spain, dashing hopes that the model would be made in one of alliance partner Renault's factories in France.... Read More »

 

Spain new car sales fell 9.6% in January

Feb. 1, 2013 11:46 CET
Spanish new-car sales dropped 9.6 percent to 49,671 in January, car manufacturers' association Anfac said.... Read More »

 

Volkswagen joins other carmakers investing in Spanish output

Jan. 24, 2013 10:13 CET
Volkswagen plans to invest 785 million euros ($1 billion) over the next 5 years in a plant in northern Spain that builds the subcompact Polo model. VW is the third carmaker in recent months to boost investment in the recession-hit country.... Read More »

 

Spanish bank nears deal to be Chrysler's financing arm, report says

Jan. 17, 2013 20:01 CET
Chrysler close to a deal that would make Spain's Banco Santander its in-house financing arm, replacing U.S.-based lender Ally Financial.... Read More »

 

Spain may extend subsidies for car buyers

Jan. 16, 2013 15:03 CET
Spain's government may extend a car-buying subsidy program in an effort to stimulate the country's flagging car market. New-car sales in Spain fell 13 percent to 699,589 in 2012.... Read More »

 

Car slump in France, Spain and Italy spells gloomy 2013

Jan. 3, 2013 06:01 CET
Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy.... Read More »

 

Automakers shrink their European dealer networks

Nov. 29, 2012 06:01 CET
Automakers are using the expiry of the EU's block exemption regulations for new-car sales to eliminate underperforming dealers and shrink dealer networks in countries where vehicle sales are falling heavily.... Read More »

 

VW, Opel, Ford suffer as German car sales drop 11%

Oct. 2, 2012 13:02 CET
VW, Opel and Ford all suffered as new-car registrations in Germany fell 11 percent in September.... Read More »

 

Spain VAT hike sends car sales down 28%

Sept. 17, 2012 14:16 CET
Car sales in Spain fell dramatically in the first two weeks of September following a hike in value-added tax, car retailers association Ganvam said.... Read More »

 

French minister: PSA should cut in Spain, not just in France

Sept. 13, 2012 14:40 CET
France's industry ministry is pressing the country's leading carmaker PSA to limit the impact of a domestic restructuring set to claim 8,000 jobs, by shifting part of the cuts burden to Spain.... Read More »

 

August car sales drop in key European markets

Sept. 4, 2012 09:13 CET
Monthly new-car registrations fell again in Germany, France and Italy in August with mass-market brands hit hardest as southern countries bore the brunt of the euro zone debt crisis and its withering effect on consumer demand. In Spain, demand rose 3.4 percent last month ahead of a September 1 sales tax hike.... Read More »

 

Europe troubles seen putting 500,000 auto jobs at risk

Aug. 2, 2012 08:34 CET
Efforts by PSA and Fiat to end losses in Europe could cost more than 500,000 people their jobs as automakers and parts suppliers grapple with the effects of the European sovereign debt crisis. The region's auto industry is set to pare payrolls as auto demand contracts for the fifth straight year.... Read More »